For saleCondo
$99,500
488 Wabasha St N Unit 606
Saint Paul MN 55102
1 bed, 1 bath, 540 sqft
488 Wabasha St N Unit 606 is a 1 bed, 1 bath, 540 sqft condo home for sale at $99,500 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,625/mo and returns $513/mo a month at a 12.9% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $1,625/mo
- Monthly cash flow
- $513/mo
- Cap rate
- 12.9%
- Cash-on-cash
- 31.0%
- Max offer
- $99,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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